Reunion Rehabilitation Hospital Plan
Plano, Collin County, TX
· CCN 673080
Licensed to Reunion Rehabilitation Hospital Plano, Llc
Composite
54.9
rank score
Distress
42
FY2024
Fit
90
vs thesis
Estimated ticket
$15.6M–$62.4M
48 beds ·
within envelope
Ownership
for-profit
RH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $22.7M |
| Operating margin | 11.0% |
| Total margin | 11.0% |
| Days cash on hand | 24 |
| Current ratio | 0.66 |
| Occupancy | 68% |
Facility
| Beds | 48 |
| Facility type | RH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $325K |
| Per-bed (high) | $1.3M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 48 | $1.4M | $-652K | -46.3% | -46.3% | 142 | 0.69 | 22% | 68 | 82 |
| 2024 | 48 | $22.7M | $2.5M | 11.0% | 11.0% | 24 | 0.66 | 68% | 975 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Reunion Hospital Holdings, Llc | 5% or greater direct ownership interest | 100 | 2023-02 | |
| Kevin Loh | 5% or greater indirect ownership interest | 22 | 2023-02 | |
| Pensa Nuwind, Llc | 5% or greater indirect ownership interest | 22 | 2023-02 | |
| Mandola, Inc | 5% or greater indirect ownership interest | 22 | 2023-02 | |
| Kai' Ohu Amg, Inc. | 5% or greater indirect ownership interest | 19 | 2023-02 | |
| Michael Bennett | 5% or greater indirect ownership interest | 19 | 2023-02 | |
| David Moore | 5% or greater indirect ownership interest | 7 | 2023-02 | |
| Chester Crouch | operational/managerial control | 2023-02 | ||
| Jerry Huggler | corporate officer | 2023-02 | ||
| Nobis Rehabilitation Partners, Llc | operational/managerial control | 2023-02 | ||
| Tracey Nixon | corporate officer | 2023-02 | ||
| Ty Burgess | w-2 managing employee | 2023-02 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in TX
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2023-03-01 | Crh Of Temple Llc | Everest Rehabilitation Hospital Temple Llc | Temple Rehabilitation Hospital | 36 |
| 2023-03-01 | Crh Of Longview Llc | Everest Rehabilitation Hospital... | Longview Rehabilitation Hospital | 36 |
| 2021-12-30 | Pam Health Rehabilitation Hospital... | Apollo Rehab Hospital Llc | Pam Health Rehab Hosp Of Sugar Land | 41 |
| 2019-08-01 | Clear Lake Institute For Rehabilitation Llc | Clear Lake Rehabilitation Hospital, Llc | Bay Area Rehab Hospital | 151 |
| 2019-08-01 | Clear Lake Institute For Rehabilitation Llc | Triumph Rehabilitation Hospital Of... | Bay Area Rehab Hospital | 151 |
| 2016-06-01 | Pam Squared At Beaumont Llc | Healthsouth Rehabilitation... | Pam Squared At Beaumont | 61 |